NEW YORK, Sept. 30, 2021 /PRNewswire/ -- Technavio's latest research report on the Graphite Electrode Market offers a comprehensive analysis on new product launches, the latest trends, and the post-pandemic impact on businesses.
The graphite electrode market size is expected to increase by 212.67 thousand MT at a CAGR of almost 3% during 2021-2025.
Market Dynamics
The market is driven by factors such as the increased demand for high-quality steel and growing demand for graphite electrodes in APAC. However, downturns in the global economic conditions will hinder growth.
The increased use of graphite electrode due to their excellent properties will create significant growth opportunities for market players. On the other hand, the capital-intensive nature of the market will challenge their growth.
Company Profiles
Some of the companies covered in this report are Agilent Technologies Inc., Ameri-Source Specialty Products, Brothers International Ltd., EPM Group, Fangda Carbon New Material Co. Ltd., HEG Ltd., Nippon Carbon Co. Ltd., SHOWA DENKO K.K., Tokai Carbon Co. Ltd., and Weaver Industries Inc.
Competitive Analysis
The competitive scenario provided in the graphite electrode market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.
Market Segmentation
Related Reports:
Global Graphite Market - Global graphite market is segmented by application (Refractory, L and C, Foundry, Batteries, and Others) and geography (APAC, Europe, North America, MEA, and South America).
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Global Carbon Fiber Prepreg Market - Global carbon fiber prepreg market is segmented by Type (Thermoset and Thermoplastics), Application (Aerospace and defense, Wind energy, Sports equipment, and Automotive parts), and Geography (North America, Europe, APAC, South America, and MEA).
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Graphite Electrode Market Report Coverage:
Report Coverage |
Details |
Base Year |
2020 |
Year-Over-Year Growth in 2021 |
1.27% |
Forecast Period |
2021 to 2025 |
CAGR |
Accelerating at 2.61% |
Historical Data |
2017 to 2021 |
No. of Pages |
120 |
Exhibits |
115 |
Incremental growth |
212.67 Thousand MT |
Segments covered |
Product; Geography |
By Product |
- UHP graphite electrode |
- HP graphite electrode |
|
- RP graphite electrode |
|
By Region |
- APAC |
- Europe |
|
- MEA |
|
- North America |
|
- South America |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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